Monthly/Yearly Stats October 2010

Kitchener-Waterloo:

Residential sales DOWN 22.4% and up 1.9% for the year. That's 6 months in a row with declining sales and increasing inventory.

Days on market from 51 to 44 for the year.

Sales to active ratio 15.1% was 21.4% in 2009.
That means less 1 in 6 homes sold.

Sales$ to list$ ratio was 97.7% and 98.1% 2009.

Average sale price detached up 13.5% $346,389 for the year.

Average sale price semi-detached UP 11.2% to $238,739 for the year.

Average sale price for freehold townhomes up 15.8% to $256,815 for the year.
New listings up 9.2% for the month to 847 and number of listings for the year 9296 is up 7.6%.